California has passed breakthrough legislation that sanctions municipal public banks to serve as public administration entities, a development with wide repercussions across the country.
We talk with a couple of the citizen leaders, Marc Armstrong and Susan Harman, who were pivotal drivers of the effort, and what they think it means for the movement.
Then Ellen speaks with an author and former US Treasury economist, Richard C. Cook, about why the extractive domination of private banks over the totality of civic life must be taken down if we wish to have an economy that works for all.
Finally, we have another talk with Bank of North Dakota historian Mike Jacobs about why that bank has managed to avoid corruption and remain a robust example of why banks should be owned by the people.
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